First Five Days of January Indicator Turns Bullish on All Ords
With All Ords loosing -0.66% in the first five trading days , and contrary to the way the US markets works, in Australian markets a bullish signal occurs when the first five trading days of January show a net loss.
Below trading odds , for All Ords , when the All Ords is down for first trading days, and the trading odds from the fifth trading close to year end close , the data since 1985 .
- Winners : 10
- Losers : 2
- % Winners : 83%
- Average Change % : 14.79
- Median Change % : 17.80
- Maximum Gain % : 44.68
- Maximum Loss % : -41.03
- Average Gain %if Winner : 23.32
- Average Loss % if Loser : -27.86
- Payoff Ratio 0.84
Contrary and comparing apples to apples ,
Below trading odds , for All Ords , when the All Ords is up for first trading days
- Winners : 11
- Losers : 6
- % Winners : 65%
- Average Change % : 4.55
- Median Change % : 6.58
- Maximum Gain % : 41.43
- Maximum Loss % : -24.70
- Average Gain %if Winner : 13.47
- Average Loss % if Loser : -11.80
- Payoff Ratio 1.14
that’s on average out-perfromance of 10.22% for All Ords when All Ords is down for the first trading days vs when it is up !!
Below the table with All Ords rest of the year changes , since 1985 , when All Ords is down for first trading days since 1985
#FYI , the above trading strategy is mentioned in All Ords Almanac 2014
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